By Roselyn Erehe The New Ireland Development Corporation (NIDC) is intensifying efforts to attract strategic investment and establish new partnerships as part of a broader strategy to drive economic growth,…
K92 Mining Ltd. (“K92”), the operator of the Kainantu Gold Mine in Eastern Highlands Province announced it paid K239,610,413-its second corporate tax instalment payment for the 2026 Fiscal Year. The…
Prime Minister Hon. James Marape on behalf of the government, has received K287,373,637.00 from K92 Mining Limited, marking the first tax installment payment for 2026. The Prime Minister stated that…
Prime Minister James Marape has announced a major new land and housing initiative aimed at creating up to 10,000 allotments in Port Moresby, as part of a broader national effort…
PORT MORESBY, Mar. 23, 2026 — Papua New Guinea has the potential to build a strong, job-rich economy but to deliver on this potential, it must unlock more value from…
Port Moresby, March 12, 2026- The Ministry of International Trade and Investment has requested the Department of Works and Highways (DoWH) to set up a Special Economic Zones (SEZs) Building…
A consensus has been reached to develop the cattle industry where the Department of Trade will work with the Livestock Development Cooperation to develop large scale economic zones to raise…
A high-level discussion on Papua New Guineas development progress between PM James Marape and a senior World Bank official ended on a high note with both parties expressing satisfaction on…
Prime Minister Hon. James Marape has met with senior executives of ExxonMobil Corporation at the company’s global headquarters in Houston, Texas, to progress strategic discussions on Papua New Guinea’s next…
Who’s monitoring the social impacts of PNG’s mining industry?
Nicholas Bainton At investor forums and industry conferences, Papua New Guinea’s mining industry is routinely presented as a pillar of national development. Events like the upcoming PNG Investment Week, PNG…